MGEX Hard Red Spring Wheat

From MarketsWiki
Revision as of 10:14, 30 June 2008 by RitaMaloney (Talk | contribs)

Jump to: navigation, search
Template:Orc Ad 1


Hard Red Spring Wheat futures
Exchange MGEX
Settlement Physically delivered
Contract Size 5,000 bushels
Pricing Unit Not Applicable
Tick Value $12.50
Contract Months Mar, May, July, September (New Crop) and December
Last Trading Day Need LTD rules!
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours 9:30 a.m. - 1:15 p.m. Monday-Friday (Central Time) 6:00 p.m.-6:00 a.m. Sunday-Friday (Central Time), 9:30 a.m.-1:15 p.m. Monday-Friday (Central Time)
Ticker Symbol MW MWE

outcry = Y

Price Limits $.60 per bushel or $3000 per contract for every other month. No limit for spot month (limits are subject to change. Please refer to MGEX rulebook or homepage for current limit information) $.60 per bushel or $3000 per contract for every other month. No limit for spot month (limits are subject to change. Please refer to MGEX rulebook or homepage for current limit information)
 
Hard Red Spring Wheat options
Trade Unit One futures contract
Point Value $50/cent (Cents per bushel)
Tick Value $6.25 (1/8 point)
Option Months Mar, May, July, September, December
Strike Prices Trading may be conducted for Options with striking price increments of 5 cents and 10 cents
  Open Outcry Electronic
Trading Hours 9:30 a.m. - 1:30 p.m. Monday - Friday (Central Time) 6:00 p.m. - 6:00 a.m. Sunday - Friday (Central Time), 9:30 a.m. - 1:30 p.m. Monday - Friday (Central Time)
Ticker Symbol WP (puts), WC (calls) OMW
Price Limits $.60 per bushel or $3000 per contract for every other month. No limit for spot month (limits are subject to change. Please refer to MGEX rulebook or homepage for current limit information) $.60 per bushel or $3000 per contract for every other month. No limit for spot month (limits are subject to change. Please refer to MGEX rulebook or homepage for current limit information)